The AUDUSD price begins today negatively to move below 0.6744$ level, affected by stochastic negativity that might push the price for more decline, but we notice that the price attempts to recover and provide positive trades, which makes us prefer to stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly.
Note that settling below 0.6744$ will push the price to provide negative trades that target testing 0.6697$ initially, while breaching it and holding above it will lead the price to achieve gains that start at 0.6780$.
The expected trading range for today is between 0.6700$ support and 0.6800$ resistance
Trend forecast: Neutral
Origin: Economies
